Energy Sector Transformations for a Low Oil-price world


In current uncertain times, we know energy sector investment plans are being scaled back, with most companies significantly reducing their capital investment programmes in new projects by an average of about 30%, with far-reaching market, supply-chain, community and people implications. At the same time, operators are seeking to drive deflation into both capital and cash costs to secure competitive returns to investors and to shore up weakened balance sheets. A perfect storm of circumstances, raising many questions which this Major Projects Association event tried to answer.